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Robert Litterman

Founding Partner, Kepos Capital

Robert  Litterman

ROBERT LITTERMAN is chairman of the Risk Committee and a founding partner of Kepos Capital, a systematic global macro firm. He retired in 2009 from a 23-year career at Goldman, Sachs & Co., where he served in research, risk management, investments and thought leadership roles. While at Goldman Sachs, he spent six years as an external advisor to the Singapore GIC Board Investment and Risk Committees. He co-developed the Black-Litterman Global Asset Allocation Model with the late Fischer Black, and headed the firm-wide risk function and the Quantitative Investment Strategies Group in the Asset Management division. Before moving to Goldman Sachs in 1986, he taught at MIT and worked at the Federal Reserve Bank of Minneapolis. Litterman was one of the original inductees into Risk Magazine’s Risk Management Hall of Fame and named the 2013 Risk Manager of the Year by the Global Association of Risk Professionals. In 2012, he was the inaugural recipient of the S. Donald Sussman Fellowship at MIT’s Sloan School of Management. In 2008, he received the Nicholas Molodovsky Award from the CFA Institute as well as the International Association of Financial Engineers (IAFE) Financial Engineer of the Year award. Litterman currently serves on the boards of World Wildlife Fund, the Commonfund, Options Clearing Corporation, Resources for the Future, Robert Wood Johnson Foundation, and the Sloan Foundation. He earned a PhD in economics from the University of Minnesota. He and his wife Mary live in New Jersey.